Financial Risk Tolerance: A Psychometric Review

27 Pages Posted: 18 Dec 2017

See all articles by John Grable

John Grable

University of Georgia - Department of Housing & Consumer Economics

Date Written: June 1, 2017

Abstract

This content provides financial analysts, investment professionals, and financial planners with a review of how financial risk-tolerance tests can and should be evaluated. It begins by clarifying terms related to risk taking and is followed by a broad overview of two important measurement terms: validity and reliability. It concludes with examples for practice.

Suggested Citation

Grable, John, Financial Risk Tolerance: A Psychometric Review (June 1, 2017). CFA Institute Research Foundation Vol. 4 Issue 1, pp. 1-20, June 2017, ISBN: 978-1-944960-19-3. Available at SSRN: https://ssrn.com/abstract=3088292 or http://dx.doi.org/10.2139/ssrn.3088292

John Grable (Contact Author)

University of Georgia - Department of Housing & Consumer Economics ( email )

205 Dawson Hall
Athens, GA 30602-3622
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
96
rank
266,377
Abstract Views
279
PlumX Metrics